Rental market snapshot for Sterling, Charlotte
Sterling rental market summary
The rental market in Sterling, North Carolina is showing signs of stability. In July 2023, there were 56 new listings, indicating that the rental market is still active. The median rent in July 2023 was $1,555, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing. When compared to the median rent in July 2022, the median rent in July 2023 has increased by 3.1%, indicating that rental prices are slowly increasing.
Overall, the rental market in Sterling, North Carolina is relatively stable. The number of new listings is still high, and the median rent has only increased slightly over the past year. This indicates that the rental market in Sterling is healthy and is likely to remain so in the near future.
Median rent for all residential properties in Sterling
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The most expensive listings and top trending buildings in Sterling
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1700 E Westinghouse Blvd | $2,850 | 3 / 3.5 |
| 3011 Ayana Dr | $2,125 | 3 / 3.0 |
| 1618 Longleaf Dr | $2,050 | 4 / 2.0 |
| 3020 Ayana Dr | $1,995 | 3 / 3.0 |
| 8027 Regent Park Ln | $1,845 | 3 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| S2 Residential | $1,305 |
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Bedroom Breakdown in Sterling
Sterling neighborhood apartments rents
The rental market for studios in Sterling, North Carolina has seen a slight increase in June 2021, with two new listings and a 5.6% increase in median rent from May 2021 to June 2021. The median rent for studios in June 2021 is $1,035, up from $980 in May 2021. This indicates that the rental market for studios in Sterling is slowly increasing, although the number of new listings is still relatively low.
The rental market for 1-bedroom apartments in Sterling, North Carolina is relatively stable. In July 2023, there was only one new listing, and the median rent increased by 3.7% from June 2023 to July 2023, from $1,258 to $1,305. This suggests that the demand for 1-bedroom apartments in Sterling is relatively steady, and that the rental market is not experiencing any significant changes.
The rental market for 2-bedroom apartments in Sterling, North Carolina is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, with a median rent of $1,425, which is a 7.2% decrease from the median rent of $1,535 in June 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.